With Super Bowl Sunday, Mardi Gras, and Valentine’s Day finished, the holiday season is well and truly over. It’s time to get back to the grind, represented by the sometimes frantic, often less-celebratory Tax Day: April 15. So, pack away the team banners, sparkly beads, and heart-shaped cards. The W-2 is arriving (or the 1099 Read more
Taxes
What’s New, 72? How the Rules of Required Minimum Distributions Changed
It’s a good idea, no matter your age, to have a tax-advantaged retirement plan in place to provide financial security when you retire. This plan could take the form of an Individual Retirement Account (IRA), which allows you to make tax-deferred investments, or a 401(k) plan through an employer, which allows you to contribute a Read more
These Taxing Times Are a Good Time to Select a Tax Pro
Though tax filing is generally done at the end of the fiscal year, extended filing deadlines in this year of the COVID-19 virus have given a breather to those filing tax returns, and perhaps more time to hire and/or change accountants. It is always good to examine gains and off-setting losses in your portfolio and Read more